2011 Stories March 6, 2012

Google must be napping to reenergize for its upcoming Motorola Mobility acquisition, because it has not completed a single buyout in 2012 despite purchasing 79 companies last year.

Google filed its 10-K with the SEC in January that revealed the Mountain View, Calif.-based search engine spent $1.9 billion (including stock and cash) on 79 acquisitions in 2011. The more notable purchases were ITA Software for $676 million, and Apture, Katango, and Clever Sense. That means the Internet giant bought six to seven companies a month in 2011. In contrast, it obtained four companies a month in 2010 for a total 48 acquisitions worth $1 billion.

With that said, Google has not picked up a single company since Dec. 13, 2011—roughly four months since its last investment. If judging Google’s spending habits over the last two years, the firm should have already completed 16 to 28 buyouts in 2012 to bulk its portfolio of interests. The company still has time to flash its money, though, as it grabbed roughly 25 of those 2011 acquisitions after the year’s third quarter.

More information is available below.

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2011 Stories January 9, 2012

Source: HTC

HTC posted unaudited consolidated results for the fourth quarter of 2011 this morning. The numbers do not look good for Asia’s second-largest handset maker as net income fell 26 percent annually to $11 billion in New Taiwan currency, or approximately $364 million USD – its first quarterly profit decline in two years. Revenue for the quarter was NT$101,419 million, a 2.49 percent annual decline.

Unaudited operating income reached NT$12.98 billion, but net income after tax was NT$11.02 billion, which is slightly behind the NT$11.6 billion expected by 11 analysts polled by Bloomberg.

Shares fell 4.2 percent to a three-week low of NT$462 in Taipei trading as Citigroup cut both the 2012 and 2013 earnings estimates for the company by 19 percent each. Citigroup explained its decision with the expected market share losses to Apple and Samsung. Surely, the writing has been on the wall for HTC for some time (here and here). More information and another chart are featured right after the break.

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Deal: Get Pixelbook at 25% off: $750!

2011 Stories November 25, 2011

Google has posted a nice new promo clip for Google+ to their YouTube channel, just in time for the official start of the holiday shopping season. Surprisingly, it isn’t about discounts or deals as Google opted for a different approach.

It’s entitled “Circles Love Story” and illustrates vividly “new ways of sharing the right things with the right people”. So, a guy meets this girl and puts her in the “Love of my Life” circle on Google+. Ring a bell?. She returns the favor by putting him in the Creepers circle, but soon changes her mind and moves him around a bit until he ends up in…

Just watch the clip above. Google also polished up the original Google+ advert and introduced a new tagline. Both the original and new advert are right after the break. Speaking of holidays, have you seen a Thanksgiving Google Doodle that lets you customize a virtual turkey?

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2011 Stories October 6, 2011

Taiwanese smartphone maker HTC reported unaudited third quarter earnings. The numbers don’t disappoint and follow their equally successful June quarter sales trends when the company doubled profits on sales of 12.1 million smartphones. For the three-month period, HTC’s profits and revenues almost doubled year over year, buoyed on their extensive lineup of the recently released Android handsets.

Unaudited net profit topped T$11.1 billion, or about $360 million, an increase over the T$5.695 billion a year earlier. Operating income climbed to NT$20.2 billion in the third quarter and earnings per share were NT$22.03. Revenue for the quarter was NT$135.8 billion, an eighty percent sequential increase.

Going forward, HTC is expected to benefit from the ongoing interest surrounding the Android platform and a new cloud services model stemming from their acquisition of Dashwire. HTC is ranked the fourth smartphone maker globally and was the leading Android vendor and the second-best smartphone maker in the United States last quarter.

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2011 Stories September 21, 2011

Rock in Rio, a series of music festivals held in Rio de Janeiro, Brazil (and later in Portugal, Spain and other countries) will be live-streamed this year on YouTube in 24 different languages, Google made it known in a blog post. Headliners include Metallica, Red Hot Chili Peppers, Katy Perry, Elton John and Stevie Wonder. The rock fest is running from September 23 through October 2 so don’t forget to tune in to a live stream over at the Rock in Rio YouTube channel.

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2011 Stories September 14, 2011

IDC has just released their second quarter results for tablet and eReader shipments as well as an updated forecast for the remainder of 2011. While Apple continued to dominate with 68.3% of the global market during Q2, IDC expects Apple’s share to fall as vendors bring competitive Android devices to market later this year and early next.

The study reports second quarter tablet shipments worldwide increased 88.9% (303.8% year over year) citing robust demand for the iPad 2 and sales of 9.3 million units, leading the firm to raise its estimates for the remainder of 2011 from 53.5 million units to 62.5 million.

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